average cost
Standard price point
Average cost is the total cost of something divided by the number of units, giving the cost per unit.
In economics and business, it's what you get when you spread fixed and variable costs across all items produced: The average cost per widget drops as production increases.
In investing, average cost refers to the mean price paid for shares acquired at different times.
- meanAverage, or spiteful
- medianCentral sorted value
- typicalRepresentative of a kind
- middle of the roadUncontroversially mainstream stance
- priceMonetary value assigned
price point · fair market value · expense · standard · benchmark · baseline · per unit · per capita · out of pocket · norm · middle · moderate · budget · estimate · overhead · rate · fee · breakeven
- costsoverhead
- economic chartsdemand curve, supply curve, budget line, yield curve, growth chart
- investment taxescapital gains, capital gains tax, dividends, investment income, capital losses
- production economicsinputs, outputs, output, labor, factors
- scalingscalability, power laws, horizontal scaling, self-similarity, proportionality
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
average costmarginal cost
Per-unit production increase expense
variable cost · total cost · fixed cost · sunk cost · unit cost
average, cost, averages, averaged, averaging, costs, costing, costly, costlier